September Increase In Car Sales
Well we hinted last month that the figures suggesting car manufacture was down, did not really tell the whole story and this month the same news channels are telling us that new car sales are up 7% compared to the same month lasy year. Of course September is new registration time and when car dealers are going to get the majority of their sales. but all the negative news seems to have been premature just for the sake fo headlines.
The scrappage scheme is at last been demeed a succes and being part responsable not only for the currebt rise in mew car sales, but also the rise in used car sales. In fact it has been said that for the first time in history, used cars have increased in value, just by being parked on the drive. Even specialist sources such as CAP price books are confirming this.
In fact confidence seems to be growing right through the country with mosts news channels suggesting the resssion is ove, but will grow slowly back to normal levels. Then as used car prices go up and new car prices pretty much as cheap as they are ever going to go, it doesn’t take a detective to figure out that new car sales will grow and grow over the next 6 months or so.
Even finance is being made more available for those back loans and contract hire options. Not much private car lease has been around for some time, so maybe moew will return together with business contract hire options for more small businesses.